Current Federal Tax Developments for the week of September 16, 2019:

§451 Week Students learns real life lesson on taxation of prizes, and we get a tax history lesson
Proposed regulations issued for advance payments under TCJA §451(c)
Proposed regulations issued for §451(b) revenue conformity added by TCJA

An audio version of the broadcast can be streamed or downloaded here:

The articles for this week’s update can be downloaded below: